Lok Sabha adjourned amid opposition protest over India-US trade deal
What's the story
The Lok Sabha has been adjourned till 12 noon after opposition MPs protested against the India-US trade agreement. The session witnessed heated exchanges, with Congress leaders demanding clarity on the deal's terms and its impact on India. The protests started after obituary references when Opposition members raised slogans over the trade pact.
Motion details
Congress MP KC Venugopal moves adjournment motion
Congress MP KC Venugopal moved an adjournment motion in the Lok Sabha to discuss the India-US Trade Agreement. He said, "The country has the right to know the exact terms and conditions of the proposed trade deal." Venugopal stressed that despite its major economic, agricultural, and strategic implications, no official statement had been made by the government regarding this matter.
Criticism and response
Trade announcement by Trump
US President Donald Trump on Monday announced a major trade deal with India, following a phone conversation with Prime Minister Narendra Modi. He said the agreement will see the US reduce tariffs on Indian goods from 25% to 18%. In return, India has agreed to stop importing Russian oil and instead purchase more than $500 billion worth of US energy, technology, agricultural, and other products.